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Property profile & analytics
OFF-MARKET
Estimated value
$3,040,000
Strip malls
1700 Thompson Blvd, Ventura, CA 93001-3352
Entity Owned
5-yr Hold
Free & Clear
Property ID
US10-1479399
Property summary
AI-generated overview
This exceptional 3,000-square-foot retail space, encompassing Suites A and B, presents a unique investment opportunity in Ventura, California. Located at 1700 E Thompson Blvd, 93001, this single-tenant property boasts a prime location within a thriving commercial and residential neighborhood, experiencing significant growth with new residential developments nearby. The space underwent a complete renovation in 2021, featuring beautiful tiled floors and a recently completed vanilla shell. The property offers significant street frontage visibility, ensuring maximum exposure for your business. The interior includes a bathroom. This ground-level space is zoned for commercial use and is ideally suited for a variety of retail businesses, particularly those focused on consumer services or products
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1988
Total area
15,543 SF
Lot
1.17 ac (50,965 SF)
Zoning code
C2
APN
075-0-070-610
UPID
US10-1479399
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.08M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.04M
Owner & transaction history
1700 E Thompson Blvd LLC · 5 yrs held
1700 E Thompson Blvd LLC
since 2020
5 recorded transactions
Zoning & alternative use
C2 · Ventura, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Ventura submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ventura submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,335,000
6.5%
$3,075,000
7%
$2,855,000
Blend value · Realmo final
$3.04M
Range $2.74M – $3.34M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$196 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$38,910
Tax year 2023
Assessed value
$3,546,344
Assessed 2024
Previous assessed
$3,476,808
+2.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,379,571
Assessed improvement
$2,166,773
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1988
Heating
NONE
Total area
15,543 SF
Lot
1.17 ac (50,965 SF)
Zoning code
C2
APN
075-0-070-610
UPID
US10-1479399
Jurisdiction
VENTURA
Zoning & alternative use
C2 · Ventura, CA
Zoning C2 · permitted uses
C2 · Ventura, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ventura. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Lot
1.17 ac
Current owner
From public records · entity-resolved
1700 E Thompson Blvd LLC
Entity
Free & Clear · 5 yrs held
Mailing address
298 S SEAWARD AVE, VENTURA, CA 93003-2729
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2020
—
1700 E Thompson Blvd LLC
8633 East Brundage Lane LLC
Grant Deed
—
Jul 31, 2020
$3,342,000
8633 East Brundage Lane LLC
Ei Property 26 LLC
Grant Deed
—
Jul 16, 2007
$2,620,000
Eaaal Property 26 LLC
Greene,john B JR
Grant Deed
$1,252,000 · Affinity Bank
Jul 3, 1991
$1,770,000
Dsn Exchange Cor
East Thompson Pl
Trustees Deed
—
Jul 3, 1991
—
John B Greene JR.
Greene,sally R
Quit Claim Deed
related
$670,000 · Ventura County National Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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